Taipei, Thursday, September 18, 2014 17:40 (GMT+8)
partly cloudy
Taipei
34°C
Hinge maker Syncmold enjoys over 20% gross margins in 2013 - related company info
Ninelu Tu, Taipei; Joseph Tsai, DIGITIMES [Monday 31 March 2014]
  • Syncmold Enterprise
  • Performance
    The company's stock price closed at NT$68 on the TSE on Wednesday, September 17, 2014.
    The company has reported consolidated revenues of NT$927 million for August 2014, representing a 10% increase on month and 4.7% increase on year.
    For the second quarter of 2014, the company totaled NT$2,660 million in consolidated revenues, up 34.3% sequentially and up 10.1% on year.
    Brief

    Full name: Syncmold Enterprise

    Chinese name: 信錦企業股份有限公司

    Short name: Syncmold

    Stock code: 1582

    Tax ID: 35966577

    Market: TSE

    Established: 7 Jul 1979

    Paid in capital: NT$1.50 billion

    Listed on OTC: 11 Jan 2007

    Listed on ESB: 23 Dec 2005

    Public since: 1 Nov 2005

    Website: www.syncmold.com.tw

  • Latest stock
    Syncmold [1582] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    18-Sep 600 437 40,562,609 68.00 68.40 67.00 67.20-0.80-1.18% 67.50 67.20
    17-Sep 694 483 47,148,778 67.00 68.40 67.00 68.00+1.10+1.64% 68.00 67.60
    16-Sep 798 500 53,495,890 68.40 68.40 66.60 66.90-1.50-2.19% 67.00 66.90
    15-Sep 2,116 1,228 143,026,902 69.50 69.50 66.70 68.40-1.50-2.15% 68.40 67.90
    12-Sep 470 321 32,739,813 69.60 70.10 69.30 69.90-0.10-0.14% 69.90 69.80
    11-Sep 480 315 33,806,057 70.60 70.90 70.00 70.00-0.70-0.99% 70.30 70.00
    10-Sep 845 503 59,743,848 70.20 71.20 70.00 70.70+0.90+1.29% 70.80 70.70
    9-Sep 416 238 29,118,397 70.40 70.50 69.40 69.80-0.40-0.57% 69.80 69.70
    • Source: TSE, compiled by Digitimes
    Latest sales

    Syncmold: Consolidated revenues, Aug 2013 - Aug 2014 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Aug-14

    927

    10%

    4.7%

    6,406

    5.4%

    Jul-14

    842

    (4.1%)

    1.6%

    5,479

    5.5%

    Jun-14

    878

    1.1%

    24.2%

    4,636

    6.3%

    May-14

    869

    (4.6%)

    (1.7%)

    3,758

    2.8%

    Apr-14

    911

    18.9%

    11.2%

    2,889

    4.2%

    Mar-14

    766

    49.4%

    (3.2%)

    1,978

    1.3%

    Feb-14

    513

    (26.8%)

    11%

    1,213

    4.4%

    Jan-14

    700

    (8.5%)

    (0%)

    700

    (0%)

    Dec-13

    765

    6.7%

    15.7%

    9,053

    7.6%

    Nov-13

    718

    4.7%

    6.9%

    8,288

    6.9%

    Oct-13

    686

    (15.1%)

    6.9%

    7,571

    6.9%

    Sep-13

    807

    (8.8%)

    6.9%

    6,885

    6.9%

    Aug-13

    885

    6.7%

    19.5%

    6,078

    6.9%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, September 2014

    Syncmold: Consolidated revenues, 2Q13 - 2Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    2Q-14

    2,660

    34.3%

    10.1%

    4,640

    6.2%

    1Q-14

    1,980

    (8.9%)

    1.3%

    1,980

    1.3%

    4Q-13

    2,174

    (14%)

    10.3%

    9,072

    7.7%

    3Q-13

    2,527

    4.6%

    14.6%

    6,897

    6.9%

    2Q-13

    2,415

    23.5%

    12.4%

    4,371

    2.9%

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, September 2014

    Latest balance sheet and income statement

    Syncmold: Consolidated balance sheet, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    Current assets

    7,425,731

    6,852,832

    6,810,175

    6,873,007

    6,642,253

    Intangible assets

    385,733

    386,198

    385,379

    386,983

    386,126

    Non-current assets

    1,365,448

    1,421,877

    1,414,479

    1,377,515

    1,377,897

    Assets

    8,791,179

    8,274,709

    8,224,654

    8,250,522

    8,020,150

    Current liabilities

    3,636,315

    2,747,481

    2,909,213

    3,180,535

    3,107,836

    Non-current liabilities

    427,478

    404,327

    394,073

    377,655

    428,620

    Liabilities

    4,063,793

    3,151,808

    3,303,286

    3,558,190

    3,536,456

    Stockholders' equity

    4,727,386

    5,122,901

    4,921,368

    4,692,332

    4,483,694

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, September 2014

    Syncmold: Consolidated income statement, 2Q13 - 2Q14 (NT$k)

    Item

    2Q-2014

    1Q-2014

    4Q-2013

    3Q-2013

    2Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

    2,659,881

     

    1,980,348

     

    2,174,043

     

    2,526,616

     

    2,415,307

     

    Gross profit (loss) from operations

    602,453

     

    418,180

     

    489,530

     

    554,740

     

    514,258

     

    Operating expenses

    272,351

     

    238,941

     

    258,471

     

    266,828

     

    251,873

     

    Operating income (loss)

    330,102

     

    179,239

     

    231,059

     

    287,912

     

    262,385

     

    Non-operating expenses and losses

    23,050

     

    11,351

     

    4,170

     

    3,255

     

    -12,895

     

    Income from continuing operations before income tax

    353,152

     

    190,590

     

    235,229

     

    291,167

     

    249,490

     

    Net income (loss)

    237,463

     

    125,972

     

    152,454

     

    209,736

     

    162,198

     

    Diluted earnings per share (NT$)

    1.6

     

    0.8

     

    1

     

    1.4

     

    1.1

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, September 2014

  • Syncmold Enterprise full profile

18-Sep-2014 markets closed

 LastChange

TAIEX (TSE)9195.17+61.77+0.68% 

TSE electronic360.39+3.82+1.07% 

GTSM (OTC)139.43+1.10+0.8% 

OTC electronic176.18+1.92+1.1% 

Analysis of China revised domestic semiconductor industry goals
DIGITIMES Marketing Services
Greater China touch panel shipment forecast through 2015
  • LCD TV overview - Jun 2011

    Growth of the global LCD TV market was not as strong as expected in 2010 as the market continued to feel the aftershocks of the economic recession that had hit...

  • A glimpse into the e-book reader market - May 2010

    In 2008, worldwide e-book reader shipments totaled only 700,000 units, according to Digitimes Research. But demand exploded in 2009 as consumer interests grew...

  • Overview of LCD TV market - May 2010

    When the economic recession hit at the end of 2008, the LCD TV market seemed to be heading toward a doomsday scenario in 2009; however, demand turned out to be...

  • Large-size LCD panel overview - Jun 2007

    Global large-size LCD panel market revenues are expected to increase at a compound annual growth rate (CAGR) of 12.5% to US$96.2 billion by 2011, up from US$53.5...

  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.